Negative stereotypes in international media cost Africa £3.2bn a year – report

Focus on conflict, corruption and poverty heightens perception of risk, raising interest on sovereign debt, authors say

Africa loses up to £3.2bn yearly in inflated interest payments on sovereign debt due to persistent negative stereotypes that dominate international media coverage of the continent, according to a new report.

Research by consultants Africa Practice and the advocacy non-profit Africa No Filter suggests that media portrayals, especially during elections when global coverage is heightened, focus disproportionately on conflict, corruption, poverty, disease and poor leadership, widening disparities between perceived and actual risks of investing in the continent, and creating a monolithic view of Africa.

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This article was taken from https://www.theguardian.com/global-development/2024/oct/17/media-stereotypes-africa-higher-interest-report-payments-on-sovereign-debt

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